Many companies now offer employer-sponsored Roth 401(k) retirement accounts alongside traditional 401(k) plans, giving employees another way to save for retirement. What's the difference? And should you open one?…
How much do you have saved for retirement? That's a standard retirement planning question to ask, but the answer isn't as cut and dry as it may seem. Even if you come up with a dollar figure, the actual value of that figure depends on what kind of money it is….
You may have a clear vision for a deeply satisfying retirement life of social activities, travel, and volunteering. But in most cases, unless you are truly wealthy, you should also have a concrete plan for some type of paid work, especially if you retire earlier than “normal retirement age.”…
The maximum Social Security benefit for a new retiree in 2018 is north of $33,000 per year at full retirement age and can be even higher for workers who wait. So how much do you need to earn if you want the maximum Social Security benefit when you retire?…